Taman Merak in Melaka Tengah, Melaka recorded 4 subsale transactions between 2021 and 2026, with a median price of RM509K and a median price per square foot (PSF) of RM273.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM509K, with most transactions falling within a stable range of RM345K to RM673K, and a typical market range of RM352K to RM666K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

Price per square foot shows a median of RM273, though individual units vary from RM206 to RM340 in the core range. The broader market spans RM226.15 to RM320.65, indicating diverse property characteristics. The spread of RM94.50 (IQR) and deviation of RM67 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.